English | دری

Local investors to receive tax benefits: Afghan Commerce Minister

in Afghan Business

Local investors to receive tax benefits: Afghan Commerce Minister

ahadiCommerce and Industries Ministries Anwarul Haq Ahadi announced Tuesday that tax benefits to local investors would increase post-2014.

He added a 10% reduction in taxes would be granted to those who invest in factory making in Afghanistan in the next two years.

According to Minister Ahadi, the local investors would also receive free lands.

Minister Ahadi made these announcements at the 2nd exhibition of Afghan industrial products held in Herat city by the Afghanistan Investment Support Agency (AISA).

“We want to make investment in Afghanistan more attractive. We believe this program would address some of the concerns regarding the country’s economic situation after the withdrawal of foreign forces in 2014.”

This comes as many industrialists in Herat have accused the government of its negligence towards promoting investment in Afghanistan.

According to the industrialists, more than hundred industries have shut down in Herat due to lack of support from the government.

They cited lack of proper policies and presence of corruption as the main reasons for the lower investment level in Afghanistan.

Related Articles

Arabic firm to improve Kabul municipality services

The Kabul municipality signed four contracts on Monday with an Arabic firm, Khateeb and Alami, to improve services of the

Air India resumes flights between Kabul and Delhi

  India’s state owned airline, Air India, resumed its flights between Kabul and Delhi after a two-day suspension. The airline

Afghanistan and Germany open training institute for Community Development Council

New training facilities in Kunduz city provide proper learning environment for Community Development Council (CDC) members from four north-eastern provinces

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.